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STUDY AND DEVELOPMENT IN REAL ESTATE PROJECTS

Active
Private limited companyfounded 1993active for 33 yearsVictor Allardstraat 75, 1180 Ukkel, BelgiumKBO/BCE: BE 0449.906.487
Summary

STUDY AND DEVELOPMENT IN REAL ESTATE PROJECTS has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63,556 and a net result of -€964. Equity remains stable across the filed financial years (±2% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
STUDY AND DEVELOPMENT IN REAL ESTATE PROJECTSActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
“Effectuer tant pour son compte que pour compte de tiers toutes affaires immobilières au…” (deed in French)
From the articles, 3 activitiesNo NACE code in the KBO yet1 site
Size
€64,410total assets 2025
Equity
€63,556
Loss
-€964
Turnover not published (micro format)
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts filed 20 days late1 of 6 deeds summarised
Why 95lowers riskFounded in 1993Size: total assets €64,410Liquidity: current ratio 42.94, cash €33,430Equity €63,556 (98.7% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (no NACE code, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 98.7% of total assets
Liquidity 100=
short-term debt 1.2% · cash 51.9%
Profitability 17-1
return on assets -1.5%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.2%highest value 12-2024: 0.2%● unchanged vs 11-2024highest value 01-2025: < 0.1%▼ -0.2 percentage points vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025 09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity ample (current ratio 42.94, compared with 51.19 in 2024, above the usual 1.5; short-term debt: 1.2% and cash: 51.9% of total assets), and 1.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 81% on solvency, 95% on liquidity, 15% on profitability and 39% on growth.

The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Founded in 1993
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €64,410
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 42.94, cash €33,430
NBB · annual accounts
lowers risk · Equity €63,556 (98.7% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 20 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
20 days late
2024
9 days late
2023
on the day
2023
22 days late
2022
119 days early
2020
60 days late
2019
26 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 3 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 August (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: 7 loss-making years in a rowloss financial year 2025 -€964 View
  • Active since 1993founded 23-04-1993 33 years View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2025
Total assets
€64,410
Loss
-€964
Solvency
98.7%
Total assets▼ 1.3%
Net result
20192025
Go to Financials

Timeline

Events
34
Since
1995
Next accounts
by 31-07-2027
  1. 22-12-2023Resignation: ANSELOT Pierre Marc (manager)
  2. 22-11-2023Annual accounts filed
  3. 04-07-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
23-04-1993
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Articles of association

Provisions read
30
Who signs
Each director alone
Annual meeting
Last Monday of June at 20:00
Purpose
“Effectuer tant pour son compte que pour compte de tiers toutes affaires immobilières au…” (deed in French)
Go to Articles of association

Key facts about STUDY AND DEVELOPMENT IN REAL ESTATE PROJECTS

What is the company number of STUDY AND DEVELOPMENT IN REAL ESTATE PROJECTS?
0449.906.487. In Belgium the VAT number is the company number with BE in front: BE 0449.906.487.
Where is STUDY AND DEVELOPMENT IN REAL ESTATE PROJECTS based?
The registered office is at Victor Allardstraat 75, 1180 Ukkel.Company details
What is the legal form of STUDY AND DEVELOPMENT IN REAL ESTATE PROJECTS?
Private limited company (BV).
When was STUDY AND DEVELOPMENT IN REAL ESTATE PROJECTS founded?
On 23-04-1993.
Is STUDY AND DEVELOPMENT IN REAL ESTATE PROJECTS still active?
Yes, STUDY AND DEVELOPMENT IN REAL ESTATE PROJECTS is an active enterprise in the KBO register.
What is the turnover of STUDY AND DEVELOPMENT IN REAL ESTATE PROJECTS?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is STUDY AND DEVELOPMENT IN REAL ESTATE PROJECTS profitable?
In financial year 2025, STUDY AND DEVELOPMENT IN REAL ESTATE PROJECTS made a loss of €964.
Where can I find the annual accounts of STUDY AND DEVELOPMENT IN REAL ESTATE PROJECTS?
STUDY AND DEVELOPMENT IN REAL ESTATE PROJECTS filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of STUDY AND DEVELOPMENT IN REAL ESTATE PROJECTS due?
By 31-07-2027, for financial year 2026.Timeline

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